Housing starts in the U.S. are expected to expand at an annualized pace of 545K in May, and the rebound in building activity could spark a bullish reaction in the dollar as growth prospects improve. Read More EUR USD Trading the US Housing Starts Report

The Euro-Swiss pair has traded mostly to the downside for the better part of the past nine-months, and despite setting all-time lows earlier this week, the pair could test its lowest exchange rate as contagion spreads on Greece coupled with the upcoming event risk on the calendar. Read More EUR CHF Descending Channel Provides Swing […]

The rally in risk sentiment which was seen following positive China data overnight was extended during the NY session as U.S. retail sales came in better than expected. The Aussie, a high beta currency, was the strongest performer against the greenback as AUD/USD rose above 1.0700 and currently trade at Read More Risk Rallies Following […]

U.S. Dollar Trading (US) sentiment improved in Asia with stronger than expected Chinese data and a rally in Japanese Stocks helping start a Global rally. US S&P 500 rallied the most in 2 months with US May Retail Sales better than forecast at -0.2% vs. -0.4% expected. May PPI increased Read More Sentiment Improves, Stocks […]

Today’s fundamental data given some positive signs about the New Zealand economy after the natural disaster that hit the economy this week, where the NZ retail sales soared during the first quarter, adding that the economic recovery starts its rebounding curve. Read More New Zealand Economy Shows Some Signs Of Picking Up